Fast Track Disaster Relief Act

This bill would change federal tax law so the Treasury Department must share tax return information with the Small Business Administration (SBA) when the SBA asks in writing. The information would be about taxpayers who apply for SBA disaster loans. SBA officers and employees could use the information only to decide whether an applicant is eligible for a disaster loan. The change would apply to disclosures made after the bill becomes law, and existing tax-information safeguard rules would be updated to cover these disclosures.

Full text and official record on Congress.gov

Sponsors

• Analilia Mejia Democrat sponsor
• 1 cosponsors